Precision pest management is a method of controlling pests using targeted and precise techniques to minimize the impact on the environment and non-target organisms. This approach involves identifying the specific pest species and developing a customized pest management plan that utilizes the most effective and least toxic methods for controlling the pest population. Precision pest management typically involves a combination of techniques, including biological control, cultural control, physical control, and chemical control. Biological control involves the use of natural enemies, such as predators, parasites, and pathogens, to control pest populations. The global precision pest management market is projected to rise by USD 2.4 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 12.25 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global precision pest management market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, solution, application, and region. The global market for precision pest management can be segmented by technology: monitoring, spraying. The spraying segment held the largest revenue share in 2022. Precision pest management market is further segmented by solution: hardware, software, services. Among these, the hardware segment was accounted for the highest revenue generator in 2022. Based on application, the precision pest management market is segmented into: area-wide pest control, site-specific pest control. The area-wide pest control segment captured the largest share of the market in 2022. On the basis of region, the precision pest management market also can be divided into: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. According to the research, North America had the largest share in the global precision pest management market.
Market Segmentation
By technology: monitoring, spraying
By solution: hardware, software, services
By application: area-wide pest control, site-specific pest control
By region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America
The report has also analysed the competitive landscape of the global precision pest management market with some of the key players being Deere & Company, Kubota Corporation, Trimble, Inc., Yanmar Co., Ltd., The Climate Corporation, Topcon, BASF SE, SZ DJI Technology Co., Ltd., FMC Corporation, Prospera Technologies Ltd., Topcon Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
▹ To analyze and forecast the market size of the global precision pest management market.
▹ To classify and forecast the global precision pest management market based on technology, solution, application, region.
▹ To identify drivers and challenges for the global precision pest management market.
▹ To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global precision pest management market.
▹ To identify and analyze the profile of leading players operating in the global precision pest management market.
Why Choose This Report
▹ Gain a reliable outlook of the global precision pest management market forecasts from 2023 to 2029 across scenarios.
▹ Identify growth segments for investment.
▹ Stay ahead of competitors through company profiles and market data.
▹ The market estimate for ease of analysis across scenarios in Excel format.
▹ Strategy consulting and research support for three months.
▹ Print authentication provided for the single-user license.